Nigeria’s economic aspirations have remained that of altering the structure of production and consumption patterns, diversifying the economic base and reducing dependence on oil, with the aim of putting the economy on a part of sustainable, all-inclusive and non-inflationary growth. The implication of this is that while rapid growth in output, as measured by the real gross domestic product (GDP...

T his paper analyses the relation between GNP sectors of Iran’s economy. The different sectors of the economy directly or indirectly affect each other and can complement or follow each other. Using a number of empirical tests, the paper finds evidence of seasonal or periodic integration in the underlying data. This means that the conventional cointegration tests may not be robust and in re...

As contained in her national development mission, Malaysia is expected to become a developed and high income economy by 2020. A mission favourably referred to as the Vision 2020. The realisation of such a noble goal will not come on a silver platter. Perhaps this awareness underscores the identification of certain sectors of the economy by the Malaysian government as key to achieve this develop...

Much debate and subsequent confusion have recently been generated regarding the economic importance of the longline fisheries for tuna and swordfish in Hawaii. Depending on the methodology employed, the measures of the economic importance of these fisheries to Hawaii can vary significantly. This paper attempts to provide an assessment of the alternative measures and their implications for fishe...

 Trade liberalization is often the core attention of foreign economic strategies in developing countries. Findings in the literature confirm a significant effect of free trade on developing economies through which the economic sectors benefit from technology transfer and spillovers and increasing production capacities and input productivity leading to international competitiveness. On the other...

D evelopment of social and economic infrastructure in every region is of the basic requirements of economic growth. Infrastructure stimulates economic activity, enhance the productivity of private sector’s inputs, improve economic performance and thus sustainable economic development, enhancing the social welfare and better income distribution. Since the different kind of infrastruct...

Regional economic structure is defined as the composition and patterns of various components of the regional economy such as: production, employment, consumption, trade, and gross regional product. Structural change is conceptualized as the change in relative importance of the aggregate indicators of the economy. The process of regional development and structural change are intertwined, implyin...